Personal Lines Account Manager (New England Platform) at Acrisure

Chatham, Massachusetts, United States

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Insurance, FintechIndustries

Requirements

Some professional experience supporting sales in an administrative capacity
Knowledge and application of insurance principles to everyday situations
Ability to work as an individual contributor with occasional guidance or direct supervision
Necessary insurance license(s)
Ability to perform essential duties satisfactorily, including knowledge, skills, and abilities representative of the role

Responsibilities

Provides advice and counsel on personal lines matters to an assigned book of business
Underwrites new business opportunities for existing and new clients, analyzing client needs, coverage forms and quotations
Initiates renewal process for existing clients and creates renewal strategy and processes renewals according to agency procedures
Conducts marketing, negotiates rates, reviews quotes and coverages for competitiveness and accuracy
Reviews and summarizes marketing results and prepares proposals
Finalizes proposals and presents to clients
Proactively addresses and responds to client inquiries, resolves issues and provides expert advice
Reviews policies for accuracy and reviews contracts
Identifies exposure to loss and recommends appropriate coverages
Issues binders, certificates, policies, endorsements and other related items; verifies their accuracy; forwards them to client with appropriate correspondence
Verifies policy and policy change information, facilitating corrections when necessary
Determines reasons for requests for cancellations; acts to save accounts
Supports clients and agency partners with MA Registry of Motor Vehicles document preparation and transactions

Skills

Key technologies and capabilities for this role

UnderwritingPersonal Lines InsuranceRenewal ProcessingRate NegotiationCoverage AnalysisClient Needs AssessmentInsurance Licensing

Questions & Answers

Common questions about this position

What is the salary for the Personal Lines Account Manager position?

This information is not specified in the job description.

Is this Personal Lines Account Manager role remote or office-based?

This information is not specified in the job description.

What skills or qualifications are required for this role?

Candidates must have professional experience supporting sales in an administrative capacity, knowledge of insurance principles, the necessary insurance license(s), and the ability to perform essential duties like underwriting, renewals, and client servicing.

What is the company culture like at Acrisure?

Acrisure's culture is defined by an entrepreneurial spirit, innovation, client centricity, and an indomitable will to win.

What makes a strong candidate for the Personal Lines Account Manager role?

A strong candidate has some professional experience supporting sales administratively, applies insurance principles effectively, holds the required insurance licenses, and can manage a book of business as a primary client contact with occasional guidance.

Acrisure

Insurance broker specializing in risk management

About Acrisure

Acrisure provides insurance and risk management services through a network of independent insurance agencies known as Agency Partners. This model allows Acrisure to offer tailored solutions to a diverse clientele, including business owners and institutions in sectors like agriculture, arts, and waste management. The Agency Partners maintain local relationships while leveraging Acrisure's global resources, ensuring personalized service. The company generates revenue by earning commissions and fees from insurance policies sold through its partners, fostering a mutually beneficial relationship. Acrisure's goal is to combine local expertise with global capabilities to deliver high-quality insurance solutions.

Grand Rapids, MichiganHeadquarters

2005Year Founded

$19.5MTotal Funding

DEBTCompany Stage

Financial ServicesIndustries

1,001-5,000Employees

Risks

Increased competition from fintech firms may challenge Acrisure's market share.

Rapid expansion could lead to integration risks and cultural clashes.

Strategic alliances may result in conflicts of interest or operational inefficiencies.

Differentiation

Acrisure's unique model leverages a global network of independent Agency Partners.

The company combines local expertise with global resources for tailored client solutions.

Acrisure's rapid growth is driven by strategic partnerships and innovative insurance products.

Upsides

Acrisure's expansion into new markets like Bermuda strengthens its global presence.

The appointment of industry veterans enhances Acrisure's leadership and growth potential.

Winning 'Broker of the Year' boosts Acrisure's reputation and client trust.

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